Is Sahara overvalued or undervalued?

As of 27 June 2025, the valuation grade for Sahara has moved from very expensive to expensive, indicating a slight improvement in its valuation perception. However, the company remains overvalued in the current market context. Key ratios include a PE Ratio of 10.44, an EV to EBIT of 7.05, and a Price to Book Value of 0.87, which suggest that while the company is generating some earnings, its valuation remains high relative to its peers. In comparison to its industry peers, Sahara's PE Ratio of 10.44 is significantly lower than that of Altius Telecom, which stands at 54.42, and Embassy Office REIT at 22.99, both of which are classified as very expensive. Additionally, Sahara's ROCE of 4.51% and ROE of 1.99% highlight its underperformance compared to the industry standards. The recent stock performance shows a decline of 39.27% year-to-date, contrasting sharply with the Sensex's gain of 7.58%, further reinforcing the notion that Sahara is overvalued in the current market environment.